77.4 F
New York
Thursday, July 29, 2021

Twitter Inc [NYSE: TWTR] Announces Hacker Downloaded Data From Upto Eight Verified Account

Must read

Digital Realty [NYSE: DLR] Considering Developing 64 MW Facility in South Korea

Digital Realty Trust, Inc. has shown its intention to build the 64-megawatt facility in Seoul, South Korea. The firm has decided that the...

Why Shares of IZEA Worldwide [NASDAQ: IZEA] Skyrocketing Today?

Shares of IZEA Worldwide, Inc. surged 8.10% at the time of writing on Wednesday. The strong performance of the firm has highlighted the...

BIT Mining [NYSE: BTCM] Ink Purchase Agreement to Buy Bitcoin Mining Machine

BIT Mining Limited has inked a purchase agreement to increase the fleet of bitcoin mining machines. As per the new purchase agreement, the...

Dyadic International [NASDAQ: DYAI] Inks Licensing Agreement with the Rubic Consortium

Dyadic International, Inc. disclosed that it has inked a COVID-19 vaccine technology transfer and licensing agreement with the Rubic Consortium. It has been...

Twitter Inc. [NYSE: TWTR] has shared an update about a security incident that happened on July 15. The company disclosed that they have started the investigation to know the details of the incident. Hackers have targeted a certain Twitter account of employees through a social engineering scheme.

Social engineering is the intentional manipulation of people into performing certain actions and divulging confidential information. Hackers were successful to use the Twitter account of employees and successfully used their Twitter account to access internal systems of Twitter. Attackers also accessed the two-factor protection system.

Twitter disclosed that in the security incident almost eight Twitter account involved. The attacker downloaded the account information through ‘Your Data Tool’. This tool provides a summary of account detail to the user. They targeted 130 accounts and 45 of those accounts, the hackers were able to start a password reset, log in to the account, and send Tweets.

The hackers gained access to Twitter’s internal system, including some of the platform’s voices, including US presidential candidate Joe Biden, reality TV star Kim Kardashian, former US President Barack Obama, and billionaire Elon Musk.

Shares of Twitter soared 1.50% at $35.81 during the trading of Friday. It had a trading volume of 18.46 million as compared to the average volume of 23.19 million. In the past 52-weeks of trading, it has fluctuated between the low of $20.00 and a high of $45.85..

This company has a gross margin of 66.80%, a profit margin of 36.40% an operating margin of 7.30%. If we turn our focus on profitability, it has return on assets, equity, and investment 10.10%, 14.80%, and 12.80%.

Twitter is currently focused to restore the account of all the users who are still locked because of remediation efforts. It has strived to provide more security to the user so that these incidents will never happen in the future.

More articles

Latest article

Binance, FTX Cut Leverage Limits on Crypto Futures Trading to 20x

Two major cryptocurrency trading platforms Binance Futures and FTX disclosed on Monday that they both have made a remarkable decision related to the crypto...

TD Holdings [NASDAQ: GLG] Inks Letter of Intent with Guangdong Jinbochuang

TD Holdings, Inc. has inked a letter of intent (LOI) with Guangdong Jinbochuang Special Purpose Vehicle Co., Ltd. and (Jinbochuang) and Hunan Jinmeike...

ASGN [NYSE: ASGN] Acquire IndraSoft Inc

ASGN Incorporated disclosed that it has acquired IndraSoft Inc. IndraSoft Inc has gained recognition as a prominent cybersecurity and digital transformation solutions offeror...

Link Reservations Decides to Accept Bitcoin/Crypto Payments

Link Reservations Inc disclosed Friday that it has decided to start accepting Bitcoin and cryptocurrency payments. This is the major breakthrough for the firm...

Athene [NYSE: ATH] Announces Acquisition of Foundation Home Loans

Athene Holding Ltd. disclosed on Thursday that it has inked a definitive agreement to purchase Foundation Home Loans (FHL). FHL had a £3...

Ping [NYSE: PING] and Anexinet Announces Partnership

Ping Identity Holding Corp. and Anexinet Corporation have both entered into a partnership agreement. The collaboration will integrate Ping Identity’s centralized Identity Access...

Digital Realty [NYSE: DLR] and Brookfield Announces Joint Venture

Digital Realty Trust, Inc.   and Brookfield Infrastructure Partners L.P. and its institutional partners disclosed on Wednesday that they have launched a 50/50 joint...

Red Cat [NASDAQ: RCAT] Announces Acquisition of Teal Drones

Red Cat Holdings, Inc. has inked an agreement on Tuesday to buy Teal Drones in an all-stock transaction. This acquisition will add Teal...